The Bicycle Rookie

A first-time cyclist in the big city.

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Biking. That thing that some people take up naturally, zipping through city streets with confidence and efficiency. It’s one of those things a lot of frugal folk can’t help but extoll the virtues of, Mr. Money Moustache included with his post of “What Do You Mean ‘You Don’t Have a Bike’“.

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Blogging: One Year Later

I made it!

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It’s officially been one year since I started blogging here on Stretching My Money. Did I think I’d make it this far? Definitely not. But here I am, one year later!

In that time, I’ve written about many things, ranging from net worth updates, travel, favourite board games, and even our mortality. Who says personal finance blogs can venture into new territory?

In that time, I have personal favourite posts that resonated with many of you, and others that didn’t. But heck – this is my anniversary so I’m going to list my favourite posts from the past year, regardless of the number of views:

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May 2018 Financial Update

A good month of spending…

Net worth

Remember how last month I bought a $722 suit? Well, this month I bought a pair of $300 Allen Edmonds shoes and then some. More on why later in this post. The girlfriend and I also splurged on several dates and a camping trip with friends.

The spending this month was $2634.12 for a savings rate of 55.31%. The biggest observation I’ve made since I started my higher paying job has been an increase in spending. As much as I mentally committed to keeping expenses the same, frankly my actions have proven otherwise. Still, on an overall basis for the year my savings rate sits at 59.52% and should only increase with reduced paycheck deductions (Canadian Pension Plan & Employment Insurance deductions stop after the first $55,900) and a 3 paycheck month coming in August.

My net worth also jumped almost $4000! The power of saving is awesome.

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